tv Headline News RT July 17, 2014 10:00am-10:30am EDT
narcan it's the back story. there's a reason they don't want you to know. now let's break the set. primitive blackmail moscow lashes out at the u.s. for slapping its energy giants with more painful sanctions over ukraine. who warns washington the penalties will backfire to see wraps up a tour of latin america with a pile of lucrative contracts and firm and shakes from his brics partners also this hour. after a shell kills four palestinian children on the guards of beach israel agrees to a short term humanitarian ceasefire but the resumed soon after the truce expires.
welcome thanks for joining us this hour my name's neil harvey you're watching r.t. international. now the united states has imposed a raft of new sanctions against major russian companies accusing moscow failing to take action to deescalate the crisis in ukraine russia's biggest oil producer us next along with gazprom bank are among those targeted just to give you an idea of the scale of these companies will have to say vital contributor to the state budget generating more than one hundred billion dollars in revenue each year and gazprom bank is the country's third largest bank it finances some of russia's most prominent energy projects well these two along with several other firms are now forbidding from borrowing money on u.s. markets for periods along with the ninety days. in response russia's foreign
ministry has accused the us of damaging relations between the two countries and moscow views the sanctions as blackmail and has warned of possible counter measures . as the story well these sanctions are illegal says the russian prime minister they are unacceptable blackmail and even revenge for u.s. failings in ukraine says the russian foreign ministry the russian president now touring latin america says that these latest string of sanctions may have a boomerang effect on the u.s. economy. without a doubt these sanctions are not only damaging russian american relations but also driving them to a dead end i'm convinced that they go against the american government and american people's own long term interests moscow says it will respond to this latest string of sanctions but its response will be made in a calm and sensible manner unlike actions of washington. the editor of business new europe magazine benares explained to me how the new sanctions could impact russia's
economy they seem to be very targeted at a few companies and specifically this is a significant scaling up because these are financial sanctions until now it's been aimed mainly at individuals and their personal assets in reality as i understand companies can still be trading because they'll be doing business in the us as i like there's trying to find a tricky sort of path between on the one hand punishing russia and on the other hand maintaining the businesses that are here because you have a huge business lobby both in america and particularly in europe who are who are invested in making most of their profits here and the european partners are putting a lot of pressure on the states you know to to keep it contained to back off so that they don't lose any money so if you've got someone you know like gazprom bank saying that actually they're not going to change the way they operate then is the sanction really effective it's not effective in so much as it doesn't really do much economic damage but it is effective because psychologically you know all the all the sanctions have been those whose very little economic damage directly but
the psychological effect is enormous i mean the ruble is already tanked today the stock markets are sort of by five percent you know there's billions and billions of dollars destroyed and the threat that more sanctions will come has created this environment of uncertainty which means companies can't raise money they can't invest you have massive capital flight what about brezhnev huge russian oil producer a lot of ties in europe and america will they be affected much by this this is the billion dollar multibillion dollar question because at the moment and last night in london trying to find finance money to pay off the deal at the same time they have an enormous investment projects in the arctic together with exxon and the government here has already started suggesting that maybe that deal will be off which will have an american company very badly is an enormous deal and that the sanctions that they are at the moment. it means that exxon can trade with ross and i can do business with the us enough so in theory the project can go ahead in terms
of the financial impact upon russia. i mean obviously what u.s. would like to do here is they want to punish russia and they want to suffer big financial loss if you think long term not actually help but there's no investment going into russia either domestic or foreign and that's really doing a lot of damage because russia needs that investment to recover to grow and with this uncertainty this is certainty that's being created stopping the investment i don't see that passes russia will be suffering badly because of lack of investment . and you know what you said the effectiveness of these current sanctions because people are afraid there might be more coming do you think we'll see them if so one . i don't know when but. yes i mean they're certainly on the cards to say that the significance of these sanctions is gone from punishing individuals friends and to corporate entities and you've used a financial mechanism and that's very scary for investors well all in all russia
did feel the pinch of the sanctions and almost immediately venture capital host katie pilbeam told us about the reaction of the markets the main rush limbaugh the my stake slumped around two to three percent for the day which would mean around four percent for the week the biggest fall in nearly a month you can see the investor reaction it just hit the slump as the day kicked off here in moscow. the russian ruble well also losing value around one percent against both the dollar and the year and this is demonstrated here in this graph showing that the dollar's actually getting stronger against the domestic currency the european stocks interestingly enough they too came under pressure that says the trading day began and they remained in the red for the duration of the day this really just shows clearly the close relationship between europe and the russian economy now the the practical impact on these businesses will be limited
although felt but it's the sentiment it's the confidence that can be damaged with such sanctions however washington's zeal is not being matched in europe which is going ahead with much softer measures despite personal calls from barack obama brussels has decided only to suspend funding for future joint russia european projects but richard wellings from the institute of economic affairs says it's because the e.u. has got a lot to lose. e.u. russian trade is about ten times the size of u.s. russian trade so clearly they're potentially massive losses from the you imposing too stringent sanctions on russia particularly given the huge dependence on russian energy importing countries towards the sort of eastern side of the european union so there's a big difference in emphasis no i think. the e.u. at this stage of gesture politics where it's trying to if you like to please the americans but do as little as possible in reality so i think i think really we are
not going to see. much action from the they'll try and get away with as little as possible without really upsetting the white house. because of the roots of sanctions is the fighting in eastern ukraine later for you this hour we'll report on the fresh accusations being made by kiev's or foreign and our correspondent because one family which managed to escape from the bloodshed. makes families in garza are mourning for palestinian boys killed in an israeli shell attack now they were playing football on a big time should warn you there will be showing pictures of the direct aftermath of that attack and israeli ship apparently fired on to the beach where the children were playing some other youngsters who were injured managed to reach safety at a nearby hotel both israel and hamas agreed to a short term humanitarian ceasefire given the u.n. time to get aid in but that is now expired and airstrikes between the sides have
since we're seeing. things are grieving family members of the children the woman there is the mother of one of the boys of the four killed all relatives funerals were held just several hours after they'd been killed harry fear is in garza forus and some of the victim's family members. i caught up last night with the fore. families affected these four families all from the extended baca family we spoke to they were of course absolutely destroyed by the events it was a devastating exercise to speak to them even though i live in iowa i know what i did you. know what do you know when i was just there the house also looked all of the love this lady did that of the if. they had all of that not just. of the of the they of course invoked the fact that these were innocent children simply playing on
the beach but of course they were not responsible for any belligerent activities we saw tens or even hundreds of family members congregated in sympathy and solidarity morning with the parents of the of the of the lost children this story has even really hit a nerve with the international journalists here who directly witnessed the incident some of them actually tried to give first aid they were having bad lunch at the time many of them in these hotels overlooking the beach the marina on the mediterranean coastline i reported the sudden emergence of a light on the on the on the horizon followed by a shelling which targeted a small structure on gaza's marina this was then followed by another shelling tens of meters away absolutely close to where the palestinian boys were running away from the site of the first shelling they also caught up with one of the eyewitnesses the manager and receptionist of one of those hotels overlooking
garza's seaport they was running you know skaven from the bomb all of them was. injured and one of them his face was full of blood and his leg and his arm you know so then i called the ambulance to pick up them it's not clear why israel may have targeted this area during the day it is understood to be at night used by palestinian militants but not during the day and we will keep you updated. and earlier we spoke to an israeli defense force spokes person who says that israel has no choice but to go on with its offensive. no we do not shoot the targets only work anyway are former civilians we target from us terrorists and the idea of operation is ongoing in order to restore safety and security for the state of israel hamas decided to have an onslaught are going to go against the state of israel and indeed even when we held our stations yesterday for six hours they continued to bombard
israel. indiscriminately and we were left basically with no alternative as we just heard israel insists it targets only hamas militants in order to protect its land but gaza's territories much smaller than israel's and the population density is about ten times higher so with so many people packed into such a tight space larger casualties are inevitable so far more than two hundred twenty have died in gaza compared to just one in israel another factor is that the kasam rockets used by hamas are much less destructive than its rivals weapons and also adding to the tragedy of the situation the fact that almost half of the population in gaza are under fourteen years old well there has been an international outcry over the killing of civilians across the americas and tens of thousands of people have taken to the streets to demand an end to the offensive these are latest speeches from buenos aires every day
a new demonstration no appears on the map in protest of israel's actions people have been waving flags chanting slogans and holding up posters urging for an end to the killing. do stay with us here an r.t. still to come for you the n.s.a. spy scandal forces germany to rethink the way it uses communication technology find out a bit more about that a little later in the program. i say put all the bankers into a circular firing squad put all the bankers the jamie diamond the lloyd blankfein the bob diamond put them into a circular firing squad and give them all ball it's let's get rid of all the laws we've got it turns the system of this cancer of the myriad tragedies of the world. choose your language. make it with zero if they feel some of us.
choose to use the consensus to. choose the opinions that degrade to. choose the stories that impact your life choose the access to your office. i'm happy martin the stories we cover here you're not going to hear any right other big story the plans for that life and talk there's a reason they don't want you to. reset. now let's break the set. r.t. next the summit of the world's five largest emerging economies known as the brics was rounded off with some major deals the most significant was the establishment of
a new financial institution which could rival the i.m.f. and the world bank paul scott explains the brics nations really look to strengthen ties and caught countries across the continent here in latin america as they look to develop and build what's being described as this new multi-polar world in an attempt to try and wrestle influence our global influence away from washington on his tour over the last six days putin has visited cuba nicaragua argentina and then finally here in brazil for the two thousand and fourteen summit the highlight of which was the announcement of the new one hundred billion dollar development bank and also the sustainability fund is well worth the same amount of money one hundred billion u.s. dollars is going to be seen as a long term rival to the international monetary fund and the world bank over dhimmitude his visit to the region also gave some other latin american nations the chance to sign some random lucrative agreements with moscow take
a look russia will for example help cuba explore its offshore oil reserves that's after moscow wrote off ninety percent of the van is that atomic energy corporation across atom is likely to bolster its presence in argentina as part of a nuclear cooperation deal and russia's trade and security ties with fellow brics member brazil should also now increase significantly. for more on the deal signed during the bric summit just visit our web site r c dot com also there for you the cutting edge technology or a potential threat on our web site learn why the f.b.i. fears self driving car.
test this is a statewide required monthly test of the emergency alert system originating from the pennsylvania emergency management agency harrisburg this is only a test. very different era if the man in charge of the parliamentary inquiry into n.s.a. spying here in germany gets his way. said that if politicians want to avoid digital snooping then the only choice for them is to ditch the smartphones in the laptops and go back to the typewriter and considering typewriters as a matter of fact we are not literally it really is no joke the suggestions that were made on a breakfast t.v. show here in germany haven't gone down well with some of the other committee members one member from the left party said that well before she would go to
a typewriter she thinks that they should get rid of the secret service is entirely another member from the social democrats that comments like this were just plain silly and made the whole inquiry look rather stupid suggesting that it was not the right answer to go back to a nineteenth or twentieth century technology in the modern age but what it does show though is that politicians here in germany are starting to appear desperate to try and show that they are doing something about spying scandals that have rocked the country recently and of outrage among german people who have said that well their politicians just haven't been doing enough we have seen this start to change the following to spy scandals involving one member of the security service and one member of the for the. defense ministry that may have been spying for the united states we saw the chief of the cia here in berlin being told that he should get out of the country that still hasn't happened as of yet but it was
a strong comment that was made so the politicians here trying to show that they are doing something about the ongoing in escalating spy scandal is that we've seen come out following the leaks of edward snowden. well earlier we heard from former and my five officer sean and she thinks the drastic measures being proposed in germany showed just how difficult it is to keep communications secure. however lightheartedly the german politician mentions using typewriters he's probably when it comes to proper security issues within government he's probably absolutely right we have a situation where even our democratically elected representatives have to think it's deeply and seriously about how to protect the privacy of their communications particularly when they're investigating the very subject of the invasion of the privacy of their systems which is what the target at the moment doing in germany trying to hold hearings to work out exactly what the n.s.a. has been doing which might be contravening the constitution of germany we have this . situation where everything can conceivably be hoovered up by the n.s.a.
and it's facile states and in the in europe everything can conceivably be stored forever and used against citizens in the future if the laws change and everything can conceivably be known amongst the private deliberations of our palm and snob democratically elected representatives so it's. it's worse than orwellian i think is the best way of putting it. meanwhile ukraine's government has launched new accusations against russia over the ongoing conflict in eastern ukraine this time it says russian troops were behind the downing of a military jet. he was alleging that moscow is responsible for bringing. twenty five fighter jets near the area of the border between russia and ukraine on wednesday evening at the same time we're also hearing from the. fighters from the donetsk people's republic alleging that they helped
brought down successfully not one but two ukrainian fighter jets on the same day so this type of disparaging information that's only adding to the chaos that's already reigning in the southeast of ukraine where the continuing fighting is forcing people to abandon their homes and start lives in you in neighboring russia as refugees. became scared for our children we didn't want them to see all the areas that were taking place it took them five days to get from this refugee camp in the russian side of the border distance normally covered in a car in several hours. our front stoop is to the border and the national guard nearly took us off the bus but another woman on the bus told them that we were relatives the ukrainian national guard stopped us at every single checkpoint and they went through all of our belongings. and drugs they follow in the footsteps of you give me a sister who fled to russia just several weeks earlier. my sister. she had
a baby several months ago she spent two months running back and forth from the bomb shelter with a new born like thousands of other refugees alexander and you've. come to war just too close to their doorstep like many others they want to keep their last name unknown to protect the rest of the family left behind. that's just how our parents are we were screaming for them to join us but they said it's hard for. them to leave their homes they already have a plan to get to another town where alexander can find a job with the world to provide for his family but the same can't be said about many others in this tent city this family's story is just one of the estimated thirty or so thousand of refugees living in the rostov on don region at the moment just days ago these people couldn't have imagined not having a house or a country to call their own right now they're living in tents and have no idea what this year will bring in southern russia it in
a godless. time now around the some other international news for you starting with afghanistan where the army has repelled a taliban attack on the country's main airport in kabul overnights militants stormed the facility armed with assault rifles and grenades officials say all of the insurgents were killed in the five hour shootout that followed just days ago a taliban suicide bomber killed eighty nine people in the market in afghanistan southeast. elsewhere heavy rains have triggered floods and the landslide in southern china killing at least eighteen people local officials there say six residents are still unaccounted for the region is also bracing for the arrival of typhoon around assume which is battered central parts of the philippines leaving dozens dead. in south korea a fire fighting helicopter has crashed near an apartment complex and a school or five people on board were killed and a female student on the ground sustained minor injuries the aircraft was returning
from a search operation at the site of a sunken ferry which capsized off south korea's coast in april killing more than two hundred ninety people. next britain's employment rate has reached a record high but that news has been dampened somewhat by the latest wage data showing a nationwide decline due to inflation at the top of the earning scale though paychecks are growing faster than ever probably boy reports now on the growing salary gump. money how a jet set lifestyle the perks of being a chief executive they take more risks and have more responsibility so perhaps they deserve a bit more pay than the average worker but how about one hundred eighty times their salary yep while the average worker toils to earn just over twenty six thousand pounds a year the footsie one hundred boardroom big wigs
a raking in four point seven million says if exist on a different planet and we're saying this is bad for companies and it's also bad for society we have people working on very low wages you have to go to food banks to feed their families i think we should be ashamed of that sort of thing in this country the high pay center found that more than three quarters of the public would support capping the salary of a company's highest earning employee in relation to the lowest paid companies fired back that they need to supersize their executive salaries in order to keep them from being poached by cash waving competitors the department for business innovation and skills told r.t. that in october twenty thirty new laws reforming the governance of top a came into force boosting transparency by arming shareholders with more information and giving them the power to hold companies to account and it looks like some investors cutting bosses down to size last week british fashion giant
burberry had its dirty linen in public to more than half of the shareholders at its annual meeting voted against the chief executives pay package which is worth up to twenty seven million pounds it may have been arrested and against such high salaries but the vote was non-binding which means that burberry boss christopher baillie still got to his gargantuan paycheck anyway. plenty boy say. about with the latest news headlines at the top of the hour they stay with us that we have an ati up next it's the never ever boring max keiser with the conjuring with.
two u.s. agents who are working deep inside the german government have been caught which has heightened tensions between the two countries even more the german reaction to this was to expel the cia chief in berlin from his post this is the kind of story that makes people who hate u.s. foreign policy to share button on facebook and get all excited it makes me feel that merkel or at least some elements of the german government are actually fighting against foreign meddling but i would say that you should take this story with a huge grain of salt yeah they just had one cia asset out of the country and this could be a sign of change but there are still twenty plus u.s. military bases currently operating in germany and in fact the power holder base is one of the largest ones outside of america territory with thirteen thousand troops permanently stationed there so basically if merkel really wants to reduce foreign meddling in germany she's going to have to somehow get a massive foreign military presence out of a country and since has been there for almost seventy years already i don't think that they're just going to pack up and leave on their own one day but that's just my opinion.
technology innovation. developments around russia. the future of coverage. welcome to the kaiser import imax kaiser you know if the b. disappeared off the face of the earth men would only have four years left to live a lot of people think albert einstein said that but of course that's not true nobody knows who said that but somebody said it they were awfully smart now aware of that did say it probably didn't understand that you know what if we got rid of the big population there would be a huge payday for corporations that's the point right it seemed could saying they wouldn't have told us that back in the early one nine hundred had they known that you know future disaster capital so come along and think this is a good idea if we.